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Kokomo Tribune: Sunday, May 8, 1994 - Page 93

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   Kokomo Tribune (Newspaper) - May 8, 1994, Kokomo, Indiana                                Businesslabor BIO Sunday May Kokoffio THburie Altman joins Society Bank Scott VV Altman has been named investment executive fof Society Bank Investments a sub sidiary of Society Bank Kokomo Previously Altman pro vided annuity services for Security First He is a grad uate of Arizona State Altman University Robertson joins Roler Associates James Robertson has joined Robert Roler Associates as a brokerassociate He is a grad uate of Kokomo High School and Indiana VVesleyan College where he received a masters degree in management science He just complet Robertson ed 75 hours of required appraisal instruction He is a member of the National Association of Realtors Indiana Association of Realtors and Kokomo Area Association of Realtors He will specialize in resi dential properties Versnik to head Cass County Y Paul Versnik has been named executive director of the Cass County Family Y He previously served as metropolitan vicepresident of operations at the YMCA of Central Kentucky in Lexington He received a bachelor of sci ence degree in physical education from Carroll College in Waukesha Wis in 1979 Gunstra to build Hunters Cove Indianapolisbased Gunstra Inc has been selected to build and develop Hunters Cove a community of single family detached homes near Ind 26 and Dixon Road planned by Country Development Inc Hunters Cove is part of Country Developments Communities of Woodhaven a 600acre project that includes Wild Cat Creek Golf Course an 18hole course designed by Jerry Mathevvs president of the National Golf Course Architects Association Gunstra has completed a four bedroom bath model home in Timber Valley New business Top Deck sports trading card shop owned by Rick Horton and Bill McCameron 3111 Easy Call 8649752 Business calendar Wednesday KokomoHoward County Chamber of Commerce Business After Hours hosted by Saint Joseph Outpatient Center 615 Saint Joseph Drive to Call 4575301 Kokomo Chapter Professional Secretaries International month ly meeting with Bill Snow Indiana University Kokomo Division of Continuing Studies on investmentspersonal finance May 11 6 Dennys Restaurant Call 4593911 ext 157 Leaner companies back on campus Thursday IOSHA Training Seminar sponsored and hosted by Wabash Chamber of Commerce 9 to Honeywell Center Crystal Room Wabash Call 317 4721923 Cost is Racing to the 21st Century quarterly luncheon sponsored by Women s Business Council with keynote address by Nancy Cotterill publisher of Indianapolis to 1 Ivy Tech 1815 E Morgan St Cost is Call 4575301 Veterans Outreach Workshop sponsored by Indiana Department of Training and Development with employment information for eligible veterans 1 to 4 Career Resources 119 W Washington Tipton Call 1 3176758756 Offers starting salaries are up By GEORGE VLAHAK1S Indiana University News Bureau A leaner downsized corporate America has returned to campus But many members of the Class of 1994 no longer rank employ ment security as a vital factor in deciding on their first jobs 1 think many students have seen their parents and others over the last decade change jobs several times and they realize theyre not going to be with a company for decades like perhaps their par said C Randall Powell director of placement at the Indiana University School of Business The Ma Bell image is gone They know it doesnt happen in American industry either because theyve seen it in newspapers every Powell added Security is out The only security is your own Many of this springs graduates are among the first who started and ended college in the same recessionary cycle They have seen older friends experience a tight job market the last two years and watched as many companies slashed their workforces to reduce fixed costs Large companies have returned to the job market this year and will hire new employees although not in the same numbers as in me 1980s Also a growing number of small to midsized firms are seeking new hires among graduating college stu dents At least job offers have been extended thus far to the 10 seniors being assisted by the Business Placement Office and at least 150 offers to 220 graduating MBAs Students at both levels have benefited from an increased number of interviews with recruiting companies 1 think many companies have downsized to the point where theyre now crying Powell said People who are presently employed are having to pick up the work loads of a lot of those who have been displaced Now that the business is out there many firms dont have the capa bility of going afterit 1 cant tell you how many times recruiters have come in saying We are a lean organization we just have to add some A lot of the uncertainty about the economy has disappeared Powell said he senses more cori James Swartz first novel draws parallels to several Kokomo firms Tribune photo by Anne Farrar Principles and processes ExDelco managers first book reengineers corporate USA Upcoming KokomoHoward County Chamber of Commerce Positively Kokomo Breakfast lyjay 18 Ramada Cost is Call 4575301 By DAVE PHILLIPS Tribune staff writer The hero dies early on page four of James Swartz first novel Schooled on the old way of doing business and a failed steel company executive Lou is reincarnated on the next page as a guardian recruit of Marcus For years Marcus has been helping troubled businesses regroup And Lou becomes his latest protege with a second chance few unsuccessful execu tives receive Part academic part textbook part fiction and part fact The Hunters and The Hunted A NonLinear Solution for American Industry takes a look at the history of manufacturing Managers who want to attain maintain or reclaim a competi tive position in the relentless global marketplace have a clear mandate be the hunter or become the says Swartz In the book Swartz has adopt ed many of the lessons he gives in workshops as head of Competitive Action a con sulting firm Over the past 10 years he has led or facilitated more than 200 successful designs or redesigns of manufacturing engineering and business sys tems A former Delco Electronics Corp manager Swartz places the reader inside the heads of top business hunters and hunted executives as they grapple with survival reorganizations decen tralization management delay ering continuous improvement benchmarking participative management and other strate gies Swartz profiles actual turnaround companies that have adopted new business process models to reduce performance and quality and improve customer response times The book is already a popular seller in South Africa and New Delhi Many of the lessons detailed in the 564page book published by Portland Productivity Press came from Swartz experience While a plant manager for Delco Electronics in the 1970s Swartz faced increasing competi tion from worldwide producers such as General Electric Westinghouse and Toyota Manufacturers were moving operations to lowercost sites in Mexico Singapore and Asia By adopting changes that increased productivity and quality Swartz was able to convince Delco man agement to maintain pro duction facilities Swartz started working at a steel mill Canton Ohios Republic Steel at age 16 In the book Lou the fictional steel company executive is assigned to a steel foundry in serious trou ble Continental Steel Swartz chose Kokomos defunct Continental Steel Corp to underscore the importance of abandoning corporate and exec utive mindsets during restruc turings Swartz drives home his point when Lou is assigned to the struggling company I wanted a character that grew up in the 70s during the good times when America was the says Swartz In the 1970s Continental Steel was king of the hill they couldnt make enough steel Then suddenly European steel makers and others gained an edge in Swartz warns that corporate America is still moving In slow incremental steps The growing interdependence of European nations and the strong ties between Japan Korea and China made the North American Free Trade Agreement a must Swartz says NAFTA will eventually create a tarifffree trading zone among Canada Mexico and the United States If we didnt do it wed still be he says But more than NAFTA we have to become an exporting country again People who think weve moved from an agrarian society to an industrial society to a ser vice economy are he laments We didnt give up farming We just use fewer peo ple 5 to 8 percent of the popu lation to produce more food than we ever Moreover competition is requiring a higher amount of aggressiveness among compa nies If they arent on the hunt theyre going to become the hunted Swartz says But he still laments the loss of Americas manufacturing prowess Weve corne a long way in the last 10 years corpo rate America has been restruc tured says Swartz But this is going to be a battle forev er The 90s are going to make the 80s seem like a cern from companies about future costs related a national health cafe plan th ji about the economy He said some companies have tried to delay employment deci sions due to expected higher health care costs Some companies are waiting until the last moment to add any he said When they see these potentially heavy fixed costs coming on some try to hold back until they are positive they have to hire someone in other words justintime But the expanded economy has almost forced the issue for many About job interviews with companies were conducted through the Business Placement Office Most MBA students had 1620 interviews on average The number of interviews for under graduates varied according to dis cipline ranging from six to 20 interviews per student Were seeing oneampus recruiting here get a breath of fresh air but 1 really dont see that as a longterm Powell said College recruiting ir not going to be a growing nomenon To the extent that companies come back into the market well see it Starting salaries for graduates are up in most fields The average salary for accounting students is up from a year ago In computer and information systems the average salary is up from in finance up from in marketing and up from Salaries for MBA graduates also are up The average salary is up from last year Many collect but not profits By VIVIAN MARINO Associated Press NEW YORK David Gait would be the envy of many youngsters At his Manhattan home are assorted games and decks of playing cards enough to fill a toy store Theyre not ordinary playthings either Most cant be found in toy and hobby shops Like his 19th century tiddledy winks sets or his 200yearold Game of Human Life in which the objective is to live to age 84 Gait values his collection at around million Every day I wake up and my collection is worth more I definitely consider it as an he said From games to gaming equip ment and Barbies to barbed wire Americans love to collect things Some like Gait have managed to collect a few profits in the process by selling items that have accrued in value But investing in antiques and collectibles requires careful research Many items often are overpriced have no obvious mar ket demand and are highly vul nerable to fraud In other words You wont get rich quick on Partridge Family lunch boxes If you want to make money youre usually better off with a good investment counselor rather than a said Tom Tumbusch who runs Tomart Publication in Dayton Ohio which publishes Tomarts Price Guide to Garage Sale You can make a few hundred or thousand dollars but whether you score big is rare That wont stop millions of Americans from scavenging flea markets and yard sales in search of hidden treasures Some might succeed One garagesale customer found a rare comic book stuffed in a chair he bought a few years ago Like anything else supply and demand determine the mar ketability of collectibles which run the gamut from artwork and sports memorabilia to childhood nostalgia But what makes some thing investment grade is its rari ty condition and historical signifi cance There are two important con cerns with collectibles that the items have an established sec ondarymarket track record and have withstood the test of said Harry L Rinker president of Rinker Enterprises an antiques research center in Emmaus Pa Its foolish to even try to make a quick killing on antiques or col lectibles he said When you buy an antique at fair market value say for you cant turn around and sell that thing for Youll proba bly get 30to 40 cents on the dol lar Rinker said Youre going to have to wait 15 to 20 years to recover any profit on that Even collectible items that acquire value over the years can lose it in a shift of market tastes Look what happened to poor Tom Mix the cowboy hero of the 1930s Fans used to snap up Tom Mix glowinthedark spurs belt buck les card games and puppets The material was at a premium price in the 50s and 60s Now you cant give Tom Mix stuff said Rinker whose many books on collectibles include Warmans Americana and Collectors Guide to Toys Games Todays young collectors dont collect the past They collect their own he said People in 2020 will start collecting things from 1990 as Look out for Clinton campaign buttons and Nirvana Soughtafter collectibles these days include items from the 50s and 60s Art toys and kitsch from popular television shows and movies enjoyed by baby boomers in their younger days are especial ly hot like Howdy Doody Lil Abner and Hopalong Cassidy   

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